HUD's 60-Day Notice on Housing Finance Agency Info Updates
Published Date: 1/26/2026
Notice
Summary
HUD wants to update how it collects info for the Housing Finance Agency Risk-Sharing Program, which helps state agencies share mortgage risks with the government. They’re asking for public feedback by March 27, 2026, before making changes official. This update affects housing agencies and could improve how loans are managed, but won’t cost anyone extra right now.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Paperwork and cost burden on HFAs
HUD is revising the information collection for the Housing Finance Agency Risk-Sharing Program and estimates it will affect 6,530 respondents with 22,374 total responses. The collection is estimated to require 43,023 total hours (1–40 hours per response) and an annualized respondent cost of $4,153,010.
HFAs share mortgage loss risk with HUD
Under Section 542, HUD provides full mortgage insurance on multifamily projects whose loans are underwritten, processed, and serviced by State and local housing finance agencies (HFAs). HFAs must reimburse HUD a certain percentage of any loss on an insured loan based on the level of risk the HFA agrees to assume.
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Key Dates
Department and Agencies
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